Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). LX Technology Group's share price for the quarter that ended in Dec. 2023 was HK$7.6. LX Technology Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 353 Mil. Therefore, LX Technology Group's market cap for the quarter that ended in Dec. 2023 was HK$2,685 Mil.
LX Technology Group's quarterly market cap
declined
from Dec. 2022 (HK$3,928 Mil) to Jun. 2023 (HK$3,681 Mil) and
declined
from Jun. 2023 (HK$3,681 Mil) to Dec. 2023 (HK$2,685 Mil).
LX Technology Group's annual market cap
increased
from Dec. 2021 (HK$0 Mil) to Dec. 2022 (HK$3,928 Mil) but then
declined
from Dec. 2022 (HK$3,928 Mil) to Dec. 2023 (HK$2,685 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. LX Technology Group's Enterprise Value for Today is HK$2,034 Mil.
LX Technology Group Market Cap Historical Data
The historical data trend for LX Technology Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of LX Technology Group's Market Cap
For the Computer Hardware subindustry, LX Technology Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
LX Technology Group's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, LX Technology Group's Market Cap distribution charts can be found below:
* The bar in red indicates where LX Technology Group's Market Cap falls into.
LX Technology Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
LX Technology Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
LX Technology Group (HKSE:02436) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
LX Technology Group Market Cap Related Terms
Thank you for viewing the detailed overview of LX Technology Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
LX Technology Group (HKSE:02436) Business Description
LX Technology Group Ltd is a device as a service provider in China. It is principally engaged in the sales of refurbished de-commissioned IT devices to, among others, resellers of IT devices, and the provision of the device and IT technical subscription services to SMEs in China. The segments of the company are the Device recycling business and Device subscription services, from which the company earns maximum revenue from the Device recycling business.
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